Published:
Earnings and employment from Pay As You Earn Real Time Information, UK: October 2026
Monthly PAYE RTI estimates of UK payrolled employees and earnings from HMRC data, published by ONS.
The ONS and HMRC have published their monthly “Earnings and employment from Pay As You Earn Real Time Information (RTI)” statistics for October 2026. The release provides estimates of payrolled employees and their pay using HMRC’s PAYE RTI data, covering UK geography at NUTS 1, 2 and 3 levels and local authorities.
The publication is relevant for macro context because it focuses directly on payroll-based employment and earnings, which are closely watched for evidence on wage pressure and labour market tightening or easing. The data are provided both non-seasonally adjusted and seasonally adjusted, supporting traders’ assessments of whether underlying trends are changing or whether movements are seasonal.
The release also includes a revision triangle, meaning changes to previously published estimates are tracked and disclosed. That matters for interpretation when comparing the latest reading with recent months.
The next key step for market participants is to monitor the upcoming 17 November 2026 release for the next monthly update, and to use revisions information to understand whether recent labour-market signals are being confirmed or re-estimated.
Why this matters for FX
For FX traders, real-time PAYE-linked labour market data helps sharpen the near-term view of UK employment and wage dynamics that feed into wage growth and hence Bank of England policy expectations. Even without explicit headline numbers in the provided material, the release is an official monthly input for assessing labour market momentum and the income component of inflation pressures.